Question

Which of the following statements correctly captures the dual purpose of the Consumer Protection Act, 2019?

Options

• Reducing import duties and encouraging foreign investment

• Protecting and promoting consumers' interests and empowering them through rights

• Regulating business competition and promoting exports

• Setting quality standards for manufacturers and licensing traders

Answer 1

The Act has a dual purpose: it seeks protection and promotion of consumers' interests, and it confers rights on consumers to empower them. Together, these aims ensure consumers are both safeguarded against malpractices and exploitation and equipped with rights to assert their interests.